#copperfutures #goldfutures #silverfutures

COPPER_ HGN26, MHGN26

Weekly – In the October 2025 uptrend. Trade pressures remain up, but declining. Volumes are now bearish..

Daily – Short. In the move down from 6.35. Trade pressures are down.  Volumes are bearish.

The next target down is 6.02. The expected oversold levels rise to 6.10.

A close above 6.35 would signal higher. The expected overbought levels rise to 6.69.

[OB/OS channel is rising.]

[5-18-26: Set the SL at 6.35.]

 

GOLD_ GCM26, MGCM26

Weekly – In the December 2023 uptrend, still near support.  Trade pressures remain down. Volumes remain bearish.

Daily – Flat. Trade stopped out at 4659. Trade pressures are down.  Volumes are now bearish.

The next target down is 4449. The expected oversold level declines to 4524.

A close above 4606 would signal higher. The expected overbought level declines to 4688.

[OB/OS channel is declining.]  GVX holding near 26.40 – remaining in the investable zone.

 

SILVER_ SIN26

Weekly – In the December 2023 uptrend. Trade pressures are down.  Volumes are bearish.

Daily – Flat. Silver rallied to 90; then turned lower with a break below 85. Trade pressures are down.  Volumes are now bearish.

Basing at the 75 level.  The oversold levels rise to 77.

A close above 79 would signal higher.  Overbought levels rise to 96.

[OB/OS channel is rising.]

[5-18-26: Nearing the lower channel boundary.]